Applied Digital Shares Rise Over 10% Pre-Market After New Delta Forge 2 Data Center Lease

Applied Digital, a Bitcoin mining hosting and cloud services company, disclosed that it has signed a new data center lease agreement at Delta Forge 2, sending its U.S.-listed shares up more than 10% in pre-market trading. According to Odaily, the company has secured a $300 million senior secured bridge financing led by Goldman Sachs to advance construction of its AI data center projects.